Microwave Devices Market Expected to Reach $8.22 Billion by 2022

1. The report "Microwave Devices Market by Type (Active Microwave Devices, Passive Microwave Devices), Frequency (L-Band, S- Band, C-Band, X-Band, Ku-Band, Ka-Band), Application (Space & Communication, Commercial), and Region - Global Forecast to 2022", The microwave devices market is projected to grow from an estimated USD 6.07 Billion in 2017 to USD 8.22 Billion by 2022, at a CAGR of 6.24% during the forecast period. Growth in the usage of various Defense, solid state devices along with vacuum electron microwave devices in various defense and commercial applications have led to demand for microwave devices. Download Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=45733263 Target Audience for this Report: Manufacturers of Microwave Devices Microwave Devices Component/Subcomponent Providers Original Equipment Manufacturers Investors, Venture Capitalists, and Funding Bodies Academic Researchers/Organizations Scientific Research Centres Technology Support Providers Microwave Devices Direct Sellers Microwave Devices Distributors Communications & Power Industries (CPI) (US), Thales (France), Teledyne (US), and L-3 Communications (US), among others, are the key players operating in the microwave devices market. Based on type, the active microwave devices segment of the microwave devices market is projected to account for the largest share during the forecast period

2. Based on type, the active microwave devices segment of the microwave devices market is projected to account for the largest share between 2017 and 2022. The increased usage of various solid-state microwave devices such as Solid State Power Amplifiers (SSPA) along with Travelling Wave Tube Amplifiers (TWTA) in various applications, has contributed to the growth of the market. Based on frequency, the Ku-band segment is projected to grow at highest CAGR of the microwave devices market during the forecast period Based on frequency, the Ku-band segment is estimated to grow at highest CAGR in the microwave devices market during the forecast period. Usage of these frequencies for various satellite systems and defense systems, and various satellites that use Ku-band frequencies for broadcasting and communication are leading to the growth of the market. Based on application, the space & communication segment is projected to lead the microwave devices market during the forecast period from 2017 to 2022 Based on application, the space & communication segment is projected to lead the microwave devices market during the forecast period. The growth of this segment of the market can be attributed to increased investments by countries such as the US, China, India, Russia, and France for the development of satellite communication and broadcasting products and services. North America is projected to lead the microwave devices market during the forecast period North America is projected to lead the microwave devices market during the forecast period. Moreover, the North America microwave devices market is projected to account for the largest share from 2017 to 2022. The growth in investments in space & communication along with high defense expenditure are a few factors fueling the growth of the North America microwave devices market. Inquiry before buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=45733263 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue

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